Property Stories The Hidden Downsides Of Living In A Boutique Condo: 5 Things Owners Wish They Knew Before Buying

  • September 7, 2023
  • 5 min read
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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan's expertise has been recognised across various media outlets. His role as a content editor for 99.co and a co-host for CNA 938's Open House programme underscores his commitment to providing valuable insights into the property market. Experience Stacked Homes (2020 - Present) - Spearheading content strategy with a focus on delivering authoritative market insights. - Building brand credibility through informed analysis and industry expertise. The Middle Ground (2015 - Present) - Regular contributions of expert articles on business and finance - Presenting complex information in an accessible format. 99.co (2018 - 2019) - Curated high-quality real estate content, enhancing the platform's trustworthiness. - Edited and supervised content production to uphold editorial standards. findaWEALTHMANAGER.com (2014 - 2016) - Provided expert financial advice, aiding clients in making informed decisions. - Enhanced the platform's authority with comprehensive wealth management content. MoneySmart.sg (2013 - 2014) - Led the content team, establishing the site as a go-to resource for personal finance. - Authored authoritative guides on property loans and personal finance management.

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Wayne
Wayne
1 year ago

I’m living in a boutique condo now and I’m loving it. Here are some alternate views.

  1. It is serene and quiet, with almost nobody at the pool most not the time. Even though there are some babies and kids but don’t see them running around or playing in pool.
  2. I do feel it is private as neighbours don’t bother to “observe” you.
  3. My condo has a decent sized pool and gym (6 machines + weights). Most of the time it feels like private pool and gym as it would be a rare occurrence when two or more people use at the same time.
  4. Low density means the lifts are always empty and available, almost like private lift. Again, it would be very very rare that two residents need to share the lift.
  5. The pool and gym are literally less than 20 steps from most units. No need to walk far. Lift is outside door and pool is less than 10 steps after stepping out from lift. Super convenient and really feels like own private pool akin to Bali pool villa, but way larger pool.
Stacked Homes
Admin
1 year ago
Reply to  Wayne

Thanks for sharing!

Thanks
Thanks
1 year ago

3 of 5 issues above are related to this non-transparency of ownership structure leading to having weak voting power. But this also applies to large developments dominated by a clique, not so much about the number of units. I believe you previously mentioned a Pasir Panjang Condo and Orchard Plaza and Katong Shopping Centre before in other artcles.

I personally think it would be good if in the future, information regarding the ownership breakdown of the strata be made more public. You can find this information in most public companies annual reports so why not the same for strata? For eg. 40% owned by one single beneficial holder, or 90% owned by family etc…

Lots of improvements that our Commissioner of Building can explore.

Izzie K
Izzie K
1 year ago

1) parking is always an issue; 2) the voices and actions of a few residents can affect the rest of the residents ; 3) single lobby means the lift gets held up if someone holds it but it is always easy to go up by stairs since it is low rise; 4) easy to communicate and provide feedback since each resident and asset can be identified; 5) high sales transaction can be signs of underlying issues or concerns; 6) rigid by-laws or ineffective use of resources since it cater to the mass majority, e.g., no lots catered for residents with motorcycle, contractors can park but not guests.

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